thesis terminal

{
  "structure": "swing",
  "title": "Long PUMP swing, days, small risk",
  "legs": [
    {
      "kind": "perp",
      "coin": "PUMP",
      "side": "long",
      "notionalUsd": 443.26,
      "qty": 115703,
      "leverage": 1,
      "marginMode": "cross",
      "entry": {
        "type": "limit",
        "px": 0.003831
      },
      "stop": {
        "px": 0.003399,
        "pct": 11.28
      },
      "takeProfits": [
        {
          "px": 0.004263,
          "pct": 11.28,
          "sizeFrac": 0.5
        },
        {
          "px": 0.004695,
          "pct": 22.55,
          "sizeFrac": 0.5
        }
      ],
      "note": "Resting limit at 0.003831; fills only if price comes to the level. Stop is 1.5x the daily ATR (the 14-bar 1h ATR scaled by sqrt(24), because this prototype only fetches 1h candles) for a days-long hold (11.3% from the 0.003831 entry, not from the mid); targets take half the size at 1R and half at 2R. The 200ema you named is drawn on the chart, but this stop is the ATR rule measured from the entry, not that level - the ticket does not yet place stops on drawn levels."
    }
  ],
  "riskUsd": 49.98,
  "riskKind": "max_loss",
  "horizon": "days",
  "fundingPerDayUsd": -0.13,
  "warnings": [
    "This market is thin: the book at this size is a small fraction of the asset's own 24h volume and open interest, so the quoted price is not the price a fill of this size gets, and a stop is an order into the same book.",
    "No wallet was supplied, so every dollar figure is scaled to a nominal. Connect a wallet to size this for real. (a clause naming what the wallet holds was cut)",
    "Part of what you typed was not used as written. you typed 2, 15m, 200, and code could not read a limit price out of the sentence, so the entry sits at the volatility default instead - say it as \"bid 2,900\" or \"at 2,900\" and it will be placed there."
  ],
  "components": [
    {
      "type": "ticket_header",
      "props": {
        "title": "Long PUMP swing, days, small risk",
        "structure": "swing",
        "view": "directional",
        "horizon": "days",
        "structureFit": null
      }
    },
    {
      "type": "market_strip",
      "props": {
        "coin": "PUMP",
        "mid": 0.004143,
        "atrPct1h": 1.5351,
        "fundingApr": 10.95,
        "ret24hPct": -1.89,
        "ret7dPct": 9.55,
        "rangePos48h": 0.3189,
        "betaToBtc30d": 0.4516
      }
    },
    {
      "type": "leg_row",
      "props": {
        "index": 0,
        "kind": "perp",
        "coin": "PUMP",
        "side": "long",
        "notionalUsd": 443.26,
        "qty": 115703,
        "leverage": 1,
        "marginMode": "cross",
        "entryType": "limit",
        "entryPx": 0.003831,
        "stopPx": 0.003399,
        "stopPct": 11.28,
        "takeProfits": [
          {
            "px": 0.004263,
            "pct": 11.28,
            "sizeFrac": 0.5
          },
          {
            "px": 0.004695,
            "pct": 22.55,
            "sizeFrac": 0.5
          }
        ],
        "note": "Resting limit at 0.003831; fills only if price comes to the level. Stop is 1.5x the daily ATR (the 14-bar 1h ATR scaled by sqrt(24), because this prototype only fetches 1h candles) for a days-long hold (11.3% from the 0.003831 entry, not from the mid); targets take half the size at 1R and half at 2R. The 200ema you named is drawn on the chart, but this stop is the ATR rule measured from the entry, not that level - the ticket does not yet place stops on drawn levels."
      }
    },
    {
      "type": "risk_box",
      "props": {
        "riskUsd": 49.98,
        "riskKind": "max_loss",
        "riskLabel": "max loss",
        "maxLossNote": "The stop at 0.003399 is 11.3% from the 0.003831 entry and costs about $49.98 if it fills (115703 x the 0.003831-0.003399 gap). Cross margin at 1x posts $443.26; a gap through the stop can cost more than the stop.",
        "fundingPerDayUsd": -0.13
      }
    },
    {
      "type": "compare_hold",
      "props": {
        "note": "Versus just holding: this risks $49.98 (0.50% of a nominal. $443.26 of PUMP held outright has no stop, no leverage and no funding. (a clause naming what the wallet holds was cut)"
      }
    },
    {
      "type": "warning",
      "props": {
        "key": "low_liquidity",
        "text": "This market is thin: the book at this size is a small fraction of the asset's own 24h volume and open interest, so the quoted price is not the price a fill of this size gets, and a stop is an order into the same book.",
        "severity": "warn"
      }
    },
    {
      "type": "warning",
      "props": {
        "key": "nominal_account_assumed",
        "text": "No wallet was supplied, so every dollar figure is scaled to a nominal. Connect a wallet to size this for real. (a clause naming what the wallet holds was cut)",
        "severity": "info"
      }
    },
    {
      "type": "warning",
      "props": {
        "key": "levels_ignored",
        "text": "Part of what you typed was not used as written. you typed 2, 15m, 200, and code could not read a limit price out of the sentence, so the entry sits at the volatility default instead - say it as \"bid 2,900\" or \"at 2,900\" and it will be placed there.",
        "severity": "stop"
      }
    },
    {
      "type": "hl_link",
      "props": {
        "coin": "PUMP",
        "url": "https://app.hyperliquid.xyz/trade/PUMP"
      }
    }
  ],
  "market": {
    "PUMP": {
      "coin": "PUMP",
      "mid": 0.004143,
      "markPx": 0.004143,
      "fundingApr": 10.950000000000001,
      "oiUsd": 152463760.163472,
      "vol24hUsd": 35201289.13031996,
      "maxLeverage": 10,
      "szDecimals": 0,
      "atrPct1h": 1.5350803043110737,
      "ret24hPct": -1.8943878759176025,
      "ret7dPct": 9.545214172395555,
      "rangePos48h": 0.3188720173535785,
      "hi30d": 0.005463,
      "lo30d": 0.003042,
      "betaToBtc30d": 0.4516455622067404,
      "asOf": 1789868371332,
      "dex": null
    },
    "BTC": {
      "coin": "BTC",
      "mid": 81102,
      "markPx": 81102,
      "fundingApr": 10.950000000000001,
      "oiUsd": 3434656386.29568,
      "vol24hUsd": 1172733386.6553102,
      "maxLeverage": 40,
      "szDecimals": 5,
      "atrPct1h": 0.32460346735521944,
      "ret24hPct": -0.7683837024348494,
      "ret7dPct": 4.995921960565997,
      "rangePos48h": 0.8377495462794918,
      "hi30d": 82268,
      "lo30d": 68898,
      "betaToBtc30d": 1,
      "asOf": 1789868371332,
      "dex": null
    }
  },
  "reader": {
    "structureConfidence": -1,
    "alternatives": [],
    "trace": {
      "ms": 282,
      "input_tokens": 772,
      "answers": {
        "warn_crowded_long": {
          "value": 0.2,
          "confidence": 0.2
        },
        "warn_low_liquidity": {
          "value": 0.67,
          "confidence": 0.67
        }
      }
    }
  },
  "numbersBy": "code",
  "compare": {
    "holdUsdcNote": "Versus just holding: this risks $49.98 (0.50% of a nominal. $443.26 of PUMP held outright has no stop, no leverage and no funding. (a clause naming what the wallet holds was cut)"
  }
}